3 reasons one Wall Street firm says to stick with cloud stocks amid the coronavirus-induced market rout | Markets Insider

Daniel Ives of Wedbush wrote in a Monday note that cloud stocks such as Amazon and Microsoft are poised to benefit from the coronavirus pandemic.

However, this creates solid buying opportunities for tech investors"with the risk tolerance and patience to own the tech names with attractive risk/rewards, strong secular themes, and stress tested models," he said.There are still bright spots in the market even amid the coronavirus-induced rout, according to one Wall Street firm.

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